Vault-13

ARMADA ACQUISITION CORP I

COM · CUSIP 04208V103

15 institutional holders -2 vs Q3 2023
2,302,5692.3m shares reported held*
$24.8mreported value*
3 new 5 added 3 reduced 5 sold out net sold ≈ $59.7k (-5.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $10.76.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 45Q4 22: 47Q1 23: 18Q2 23: 25Q3 23: 17Q4 23: 1515Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 202245
Q4 202247
Q1 202318
Q2 202325
Q3 202317
Q4 202315

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q4 22: 10 bought or addedQ4 22: 11 cut or sold outQ4 22Q1 23: 11 bought or addedQ1 23: 41 cut or sold outQ1 23Q2 23: 10 bought or addedQ2 23: 9 cut or sold outQ2 23Q3 23: 6 bought or addedQ3 23: 17 cut or sold outQ3 23Q4 23: 8 bought or addedQ4 23: 8 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221011
Q1 20231141
Q2 2023109
Q3 2023617
Q4 202388

Biggest buyers

CLEAR STREET LLC Added +109,969+110.0k
FIR TREE CAPITAL MANAGEMENT LP Added +109,389+109.4k
MIZUHO SECURITIES USA LLC Added +100,000+100.0k
Walleye Capital LLC New +66,877+66.9k
COWEN AND COMPANY, LLC Added +59,090+59.1k
Meteora Capital, LLC Added +51,488+51.5k
Walleye Trading LLC New +33,439+33.4k
Virtu Financial LLC New +24,531+24.5k

Biggest sellers

Sandia Investment Management LP Reduced -157,506-157.5k
Quarry LP Sold out -115,175-115.2k
Periscope Capital Inc. Reduced -105,100-105.1k
Shaolin Capital Management LLC Sold out -100,000-100.0k
HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -75,000-75.0k
Connective Capital Management, LLC Sold out -7,144-7.1k
Radcliffe Capital Management, L.P. Reduced -266-266
UBS Group AG Sold out -135-135

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FIR TREE CAPITAL MANAGEMENT LP 1.32% of their portfolio New York, NY 559,389559.4k $6.0m $6.0m 1.32% Added +109.4k +109,389
2 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.18% of their portfolio WEST PALM BEACH, FL 350,000350.0k $3.8m $3.8m 0.18% Unchanged
3 MIZUHO SECURITIES USA LLC 0.07% of their portfolio NEW YORK, NY 275,058275.1k $2.9m $2.9m 0.07% Added +100.0k +100,000
4 Radcliffe Capital Management, L.P. 0.29% of their portfolio BALA CYNWYD, PA 199,688199.7k $2.2m $2.2m 0.29% Reduced -266 -266
5 Periscope Capital Inc. 0.36% of their portfolio Toronto, A6 194,900194.9k $2.1m $2.1m 0.36% Reduced -105.1k -105,100
6 BERKLEY W R CORP 0.09% of their portfolio Greenwich, CT 110,710110.7k $1.2m $1.2m 0.09% Unchanged
7 CLEAR STREET LLC 0.06% of their portfolio NEW YORK, NY 110,610110.6k $1.2m $1.2m 0.06% Added +110.0k +109,969
8 Sandia Investment Management LP 0.80% of their portfolio BOSTON, MA 107,009107.0k $1.2m $1.2m 0.80% Reduced -157.5k -157,506
9 Meteora Capital, LLC 0.10% of their portfolio Boca Raton, FL 102,976103.0k $1.1m $1.1m 0.10% Added +51.5k +51,488
10 COWEN AND COMPANY, LLC 0.06% of their portfolio NEW YORK, NY 91,23091.2k $982.5k $982.5k 0.06% Added +59.1k +59,090
11 CANTOR FITZGERALD, L. P. 0.17% of their portfolio NEW YORK, NY 76,15276.2k $820.2k $820.2k 0.17% Unchanged
12 Walleye Capital LLC 0.01% of their portfolio NEW YORK, NY 66,87766.9k $720.3k $720.3k 0.01% New
13 Walleye Trading LLC 0.01% of their portfolio NEW YORK, NY 33,43933.4k $360.1k $360.1k 0.01% New
14 Virtu Financial LLC 0.02% of their portfolio New York, NY 24,53124.5k $264.0k $264.0k 0.02% New
15 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged